HOUSE 790117th CongressReferred to the House Committee on Financial Services.
TABS Act of 2021
- Last Action
- 2/4/2021
CRS Summary
As of 2021-02-04 (00)
Taking Account of Bureaucrats' Spending Act of 2021 or the TABS Act of 2021
This bill eliminates provisions that fund the Consumer Financial Protection Bureau (CFPB) using transfers from the earnings of the Federal Reserve System. The transfers under current law permit the CFPB to be funded outside of the annual appropriations process, and this bill brings the CFPB into the regular process.
Subjects
- Appropriations
- Consumer Financial Protection Bureau
- Consumer credit
- Executive agency funding and structure
- Federal Reserve System
- Financial services and investments
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